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<br /> �_- 1'HIS D6FD OP TRYJ5T.�S uud�ar nf�be 1 Q th�Y� June ��199�'. bY�nd�mnns:
<br />_- -- -_—=� 2:�1��P.ab •13111 HQ1�tc1ri^, Trtc•,� ("TRtJS'I'OR").WhaKmdlin��ddrea+sie
<br /> 6409 N. l�uAndt Koud
<br />_ _ n Nebrlaka Cor.porwtion Grand Island, NE 68801
<br />-_1 ANn IrCFlf�ikA SL�[E�RQ{S �"TRUS�I�BN�►WI10fC fiIIIIA�t�[C�!IS
<br />.:.s P'.O.Box 260 O�hkash.Nfl 69134
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<br /> ' AND Nebnrlu Sta[o 8ank ("�iENBFIC7ARY")�Whaae tnallla��ddtra�i7
<br />_ P.O.Box 260 t�shkosh.NR 69I.',�
<br />;:�: POK V ALCIAI�Y.13 C:ONSmERATION.Tnietar insvawbly�sfan+,uunveya�AnJ�st ns w ° -
<br /> an
<br />=;�� i 'hvstec,IIY'IRUST,WTIH POWI3R OP SALE.for�he benefit and secud�y of Beneflc��ty,under u�d Bu xt to the _
<br />-• t e t m e a a d o a d l t l a o s o f t l il s I h,o d o£T t u s t,t h e r a l p m p c r t y l o e a t e d i n Ha l l Coun t y.SG�te of
<br /> Nebuslut�an�d kgally dc�edbed�s follows(the"Ptopecty"):
<br /> The Southwest Qusrter (SW�) and the West Hnlf of the West Half of the
<br /> Southeast Quarter (W�W'�SE3�) of Section Thirteen (13), Townahip �taelve (12) -
<br /> North, itange Nine (9) West of the 6th P.t•1. in liall County, Nebraska. __-_-
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<br />-:�;`` y ''`.%�`;�a.`" 'POCiET[�R WIIII3,dl reats.usanants,appurtcnances,hered3tnmmta.interests in adjoining roads,streets,wd �;?
<br /> :�l y�S.� ��.fl,. "".��;.'.i,�
<br /> � ~ ; t� ..; ,.. alleys,improvement,and 6uildIngs of any klnd situatal Wercon nnd aU personal property that a�xy be a t►ereafter �
<br /> i,,� ' ��''�';, becoene an integnl prt af sueh buikling�end imptovements,ell emps raised thsseon,ond all watet dg�ts. �.;,,.
<br /> xti � ; .. r-,� � d;
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<br /> �l' '�jt>'�`;;�'r:;. - r':•}` 'IUc�'roperty a�the entire esute�nd interest conveyed to the�Crustee are refatcd w eolY�eetively .i�'"i
<br /> . , :5::,l.,a as the"'[�usi Fsute.". �
<br /> :� ��o:,"•: .,`��� ,�;:;�: ,
<br /> :.:ti;�x,yr;�o�;: ��'�;'' FORTHBPLJR�OSBOFSF�WRII�I�: !
<br /> :.�.'.,.��r..;,,,: . , �,t. 583,400.00 '
<br />_ :.�,.,y„y:;�,:�.,o•,.M���.�" a.Payuicnt of indebtedncss in the total ptineipsl amount of$ , ;
<br /> ��r,}��Mr+�r. -•�....,,_:
<br /> .�� +�j�° . : twta of cven datc the"Note").with a maturi dato '
<br /> . r�;..:.,,�.•�' ,, with inter�t phe�a�,as evkleaaed by that aru�in ptaaLs+ory ( tY j
<br />_ ,+!•H•-"r'°..�'� of ee e ow Gx��(by'(�co�.which t�bcca dellvct+ed and is poyable Go thc `
<br />� � . .r;�,�,..�,,�'�"�{ otder of Beueficiary,pnd which by this t+efurnce Ls het+eby made a patt thereof,and any nnd aU modlfiea8oag. f
<br /> ;.g. ' �,��,•;:r,=��, exteu�ioa4,rad rencwwls iLerwf,and upon tcyucst oFBotcower,L.ender may at Its aptlon,makr.addIdotul and �
<br /> Cuture advances aad readvat�as eo Botrower. Such advances and readvunccs,with interest ihereon.shall be secured �
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<br /> S�•-: ,'� by this Deed of'[�ust !
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<br /> , ;��"'t�' '� b.Payment of�U sums�l�ratboed by Beaefleiaty to protect itte Tn�st Fstata.with intet+est thereon at
<br /> � `��%4� � ,� � �tauof sixteen pcx+eent( 9b)peranaum. �
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<br /> . F:.. ...,.,. . 'Ibis D�ecd of Trust,Ihe Note,aad any other insuvment given to cvtdena ar further seciu+c ihe
<br /> - ' .�.- . - payment and perfa�manee of eny oUligadan secured hereby are refernd tn eolleedvely as the"Loau Iastnun�nts". { ..
<br />�• �•.t�,_..�� TO PRU'IECI'THB SECURITY OP THIS DBSD OF'IRUST: �
<br /> � '%''_' 1,pA,YM At9'c�F�NDPgT�A1�S.7�ustot shill pay when due Ihe prine9pal of,and the �
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<br /> s;;i:�:_. _ interest on.the indebtedncsg cvldeactd by the Note,ehirgcs,fees.atid all other sutns as provlded in the[aan �
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<br /> kn't"��F"w��•' . ILSt1t11IItIIts.
<br /> �°r:.: .�a= � .�: ' 2.TAXFS. Tius2a shall pay ueh inst�llment of all taxes at�d speclal asseseanwta oF every Idad. .
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<br /> now aud hcrcaftcr lcvied ag�it►st the Ttust Estatc or r�ny pnrt thereof,before deUnqucney,without nosia or demand,
<br /> �('"'` .` nnd sha�!ptevdde Bcnefici�uy with evidcna of thc piyment of seme. Teusta sh�ll pay aU tnxes sad assessmcnts
<br /> ^""�" ��, which m� be lovted�i Benefiel4 s intcrest hercIn or u n this Deed of't'n�t ot the debt xcured hcre;by� •
<br />- .;��1P�' . �'�`ia�:. Y 'P� � p°
<br /> 4:�.�,� without t+cgand W any Inw that may be enactcd impoeing payment of tLe whale or uny pnrt thcreaf upon thc
<br /> ����;' .,'�.-�,;;a;S•' 8arcficiary. �
<br /> � 3. iNSTm.�/+Nr�F ATdD RF?PATRS. Tnuiot�;�iaU m�intain titeandeatended eavetago insurancc
<br /> ---�I"•�' it�sw�ng the improvemznts nnd buildings coiudtuting patt of ttse Tlr�t Pstate for an amonnt no less than the omount
<br /> ' ' of thc unpuid princip�1 l�lonce of ihe Note(co•Ituutanre nol exaaiing 809b permitted). Surh it�surana policy
<br /> - . u .--":--�--1_.s �..1�....�i«C.,.....F A.....{"�ni�n�nnrl cli�ll nnt{r.onfu�la61G tuminBblG O!
<br /> •= -- - :ttwtt�v�cwn a oa�uuaau au..a• .a.....�..n.«..�-.,..�_ � ——--' -- . :
<br /> " r •` :� �' � modiCt�ble withaut ten(10)�sys ptiot wriuen nodce to}kneficiary. Trustor shall prompUy repair,mnintain,end
<br /> "�:.�'� "` � � rcplaee the Trnst Estat�or any part thcrcof so thnt,exce�t for ordInnry wat and tcar.the Teust Fstate shall not
<br /> * I� '•�-�- �� •.. detceionte. In ao evcnt sh�ll the'Itv,uor oommit wasts on or to the 71u5t Fstate.
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<br /> � =,:• .,:.�� . ' •'� 4. �BFFR('i7N(3'IRi fST E4TATB. 'i'n►�Wr sLrll ap in�nd contcst any actla�or
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<br /> ':, ��;.;.- y�;-i:'. . procecdinR patpcutin8 W�ffcct We sneuricy hereof a tbc rights ot powern of Bene ciary ar Tnistce,attd shaU pay
<br /> , • , ,. all costs and expsasts.including cast of cvida�cc of dUc uyd attom�s fccs.in�ny such acdm or procading in
<br /> �'- •�-! �� � whieh Heflefkl�ry a Teuetee tn�y a�e. S hnu l d T i u s L a fi N t o m �ny pyme n t a e W d o a n y t r t�s oncl in thc
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<br /> ;,i��; ; .. .. mamxr pnwided in my oF the Loan-fnStruments, BeneFciary aad/or'Cnist�e,uch In its own discredan,withoat
<br /> ' :,.�.:r�: :� . obllgation so to do uid witlwnt nodce to or osmarn�upot►Tmstat and wlihout rclusing'lhvstat fran rny ablig�tion,
<br /> �,�;..•�:,�:�.��.� m�y ma{c�e or do�lx sune in sueh ms,nner�nd to auch extent�e�tY►er mey dcem deccssary to protect the secudty
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<br /> , *Note Dated: 6-10-94 of $300�000 @8•875V7 with a maturity datc of li-15-94.
<br /> -. . ,; +�Note Dated: 6-10-94 of $283�G00 @8.875VR with 1 maturity date of 6-•1-'1001. �
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